Office Space - For Sale
559 Miller Avenue Clairton, PA 15025
Details & Description
Price: $325,000
  • Property Type Office for Sale : Medical
  • Lot Size Acres 1.000
  • Building Sq Ft 4,000
  • Building Price per Sq Ft $81.25
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $7.46
SVN Three Rivers Commercial Advisors is pleased to present this opportunity to acquire a net leased medical office property. The tenant, UPMC's Magee Womens Hospital, has been at this location for eighteen years and signed a five year lease extension in May 2017.The building is +/- 4,000 sf on a single level with a full basement. It is a former GC Murphy's.HighlightsOffered at $325,000$25,230 Median Annual NOI Over Current 5 Year TermAttractive 7.77% Cap RateSuperior Long-Term Tenant on NNN Lease3% annual rent escalations!
Listing Agents
John Westermann
SVN Three Rivers Commercial
O: 412-535-8060
M: 412-302-3675
john.westermann@svn.com
SVN Three Rivers
SVN Three Rivers
O: 412-535-8050
threeriversadmin@svn.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

559 Miller Avenue

Clairton, PA 15025

Listing ID: 207667
$325,000
For Sale
  • Property Type Office for Sale : Medical
  • Lot Size Acres 1.000
  • Building Sq Ft 4,000
  • Building Price per Sq Ft $81.25
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $7.46
  • 559 Miller Avenue Clairton, PA 15025 | for Sale | Photo 1
  • 559 Miller Avenue Clairton, PA 15025 | for Sale | Photo 2
  • 559 Miller Avenue Clairton, PA 15025 | for Sale | Photo 3
559 Miller Avenue | for Sale | Thumbnail 1
559 Miller Avenue | for Sale | Thumbnail 2
559 Miller Avenue | for Sale | Thumbnail 3
Description

SVN Three Rivers Commercial Advisors is pleased to present this opportunity to acquire a net leased medical office property. The tenant, UPMC's Magee Womens Hospital, has been at this location for eighteen years and signed a five year lease extension in May 2017.

The building is +/- 4,000 sf on a single level with a full basement. It is a former GC Murphy's.

Highlights

Offered at $325,000

$25,230 Median Annual NOI Over Current 5 Year Term

Attractive 7.77% Cap Rate

Superior Long-Term Tenant on NNN Lease

3% annual rent escalations!

Listing Demographics for 559 Miller Avenue Clairton, PA 15025

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,76626,19386,951
Population Median Age424344
Population by Age0-9 Yrs550 (9%)2649 (10%)8521 (9%)
10-19 Yrs729 (12%)2761 (10%)9495 (10%)
20-29 Yrs707 (12%)2854 (10%)9285 (10%)
30-39 Yrs828 (14%)3171 (12%)10046 (11%)
40-49 Yrs628 (10%)2986 (11%)10408 (11%)
50-59 Yrs603 (10%)4059 (15%)13345 (15%)
60-69 Yrs871 (15%)3860 (14%)12577 (14%)
70+ Yrs851 (14%)3852 (14%)13273 (15%)
Median HH Income$38,906$51,079$51,087
Total Household Income< 24K786 (29%)2626 (22%)10157 (25%)
25-49K934 (34%)3167 (26%)9095 (23%)
50-74K488 (18%)2279 (19%)6650 (16%)
75-99K199 (7%)1443 (12%)4918 (12%)
100-199K273 (10%)1982 (16%)6991 (17%)
200K+14 (0%)315 (2%)1355 (3%)
Highest Education LevelNo Diploma27312214366
Diploma or GED1875785124246
Some College1002399513057
Assoc. Degree38324618115
Bachelors Degree43127359771
Higher Degree18212175154
Total Housing Units3,52714,01744,947
--Owner-Occupied1,5818,53026,942
--Renter-Occupied1,1123,28212,224
Owner-Occupied Values< 100K1318520214110
100-199K17922148335
200-299K566502709
300-399K152741085
400-499K577317
500K+8113385
Total Working Age Population4,87421,97372,754
In Work Force2,83613,67544,691
Not In Work Force2,0388,29828,063
Workforce Employed2,46912,62241,488
Workforce Unemployed3671,0363,161
Civlian Workforce2,83613,65844,649
Military Workforce01742
Total Households2,69311,81239,165
Family Households1,4037,15023,216
Non-Family Households1,2914,66215,949
Married Couple8314,94016,226
Other Family5722,2106,990
Married w/Child1291,4464,958
Single Male w/Child75259776
Single Female w/Child2237532,372

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Allegheny County1,281,666-51,223,348+31,265,919+31,307,654
Washington County202,897+2207,8200206,9420207,065
Westmoreland County369,993-1365,169-2358,574-1354,298

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Office Space Listings for Sale Nearby
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2000 Clairton Road, West Mifflin, PA CALL 37486 4.38
7045 Clairton Road, West Mifflin, PA $5,000,000 78700 5.6
1607 Lincoln Way, White Oak, PA $640,000 18333 0.38
925 Duquesne Boulevard, Duquesne, PA $175,000 5400 0.5
2600 Brownsville Road, Pittsburgh, PA $250,000 6000 0.05
1000 Killarney Drive, Pittsburgh, PA $595,000 6426 0.5
2120 Ardmore Boulevard, Pittsburgh, PA $420,000 3239 0.51
419 Coyle Curtain Road, Monongahela, PA $2,300,000 9200 1.11
600 Ross Avenue, Pittsburgh, PA $1,200,000 10000 0.33
505 Valley Brook Road, Venetia, PA $2,990,000 27500 2.52
Closest Commercial Airports
Airport Distance (mi)
Pittsburgh International Airport (PIT) 23
Erie International Tom Ridge Field (ERI) 125
Cleveland Hopkins International Airport (CLE) 129
Listing Agent
Listing Co-Agent
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